Blaine, Minnesota-based fasteners master distributor LindFast Solutions Group has completed its acquisition of Star Stainless Screw Company, the company announced in a news release.
Financial terms of the deal were not disclosed.
“We believe the combination of LSG and Star will give our collective customers unparalleled ability to meet all of their fastener needs with one company,” said LindFast CEO Bill Niketas. “With Star’s 14 branches and distribution centers across North America and the 16 locations we have, this collective footprint will allow our customers to access product even more efficiently than in the past.”
LindFast said “little change is expected” in the near term for customers.
“LSG’s goal is to maintain the exceptional Star brand name in the market,” the news release stated. “For the foreseeable future, Star will continue to operate out of its existing facilities, will remain on the same ERP system, and will extend the same policies currently in place. LSG is pleased to welcome Star Stainless to the LindFast team, confident that this combination will be a powerful force to better serve all customers involved.”
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